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5 Sep 2008 key Markets Today
US stock markets plunged overnight on weak US data and negative market comment, the Dow and S&P down 3%. Aussie SPI futures are down 3.1%.
5 Sep 2008 key FX Markets Today
AUD selling resumed at pace overnight, fuelled by a still worsening outlook for global economic growth which led to further falls in commodity prices and sharp declines in equity markets.
4 Sep 2008 key FX Markets Today
Currency markets are not for the faint hearted these days. In the space of 24 hours AUD/USD fell from above 0.8350 to 0.8234 (a one-year low) then rebounded to 0.8403 before settling where it started ...
4 Sep 2008 key Markets Today
US equity markets were mixed overnight, with the Dow up 0.1%, the S&P down 0.2% and the NASDAQ down 0.7%.
3 Sep 2008 key FX Markets Today
AUD/USD was pummelled in late-Asian/early London trading overnight falling from 0.8534 soon after the expected 25bp RBA official interest rate cut, to 0.8270 (its' lowest in a year).
3 Sep 2008 key Markets Today
AUD/USD was pummelled in late-Asian/early London trading overnight falling from 0.8534 soon after the expected 25bp RBA official interest rate cut, to 0.8270 (its' lowest in a year).
2 Sep 2008 key FX Markets Today
The USD is sharply higher over the past 24-hours, boosted by a large fall in the crude oil price and economic reports continuing to show the US is the best of a bad bunch of economies around the worl...
2 Sep 2008 key Markets Today
European equity markets declined, weighed down by lower metal prices and an initial lukewarm reception from investors to the announced sale of Dresdner Bank from Allianz to Commerzbank. US had a public ...
1 Sep 2008 key FX Speculative Positions Update
After five consecutive weeks of significant broad based USD buying, the speculative community paused for breath in the week to August 26.
1 Sep 2008 key Australian Markets Weekly
The market has fully priced a 25bps cut next Tuesday
1 Sep 2008 key FX Markets Today
The USD was stronger in overnight trading Friday, supported by more economic reports suggesting the US economy is doing a lot better than elsewhere.
1 Sep 2008 key Markets Today
US stock markets eased Friday, taking their lead from a weaker IT/Nasdaq sector with Dell shares down 13.8% after their profit report released after the market closed Thursday; the Nasdaq fell 1.8% while ...
29 Aug 2008 key FX Markets Today
It's been another roller coaster ride for the AUD over the past 24 hours. AUD/USD started yesterday below 0.8600, climbed to almost 0.8700 in the aftermath of a much stronger-than-expected Australian ...
29 Aug 2008 key Markets Today
US equity markets were higher overnight, with the Dow up 1.8%, the S&P up 1.5% and the NASDAQ up 1.2%.
28 Aug 2008 key Markets Today
US equity markets were higher overnight, with the Dow up 0.8%, the S&P up 0.8% while the NASDAQ was up 0.9%.
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